Mexico
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Miguel de la Madrid
Colima, Mexico
Archival Overview
President of Mexico from 1982 to 1988 who inherited a bankrupt economy, introduced market liberalization, joined the GATT, and led the nation through the catastrophic 1985 Mexico City earthquake.
Biographical Record
Miguel de la Madrid Hurtado studied law at UNAM and earned a master's degree in public administration from Harvard University. Taking office as President of Mexico in December 1982 amidst a crushing foreign debt crisis and hyperinflation, he initiated structural macroeconomic reforms.
De la Madrid privatized state corporations, reduced tariffs, and brought Mexico into the General Agreement on Tariffs and Trade (GATT) in 1986, setting the stage for NAFTA. While criticized for the federal government's slow initial response to the devastating 8.0-magnitude 1985 Mexico City earthquake, he stabilized the national finances and peacefully transferred power in 1988.
Key Life Milestones
1985 Mexico City Earthquake Response
Mobilized national recovery efforts following the devastating earthquake that destroyed parts of the capital.
Accession of Mexico to the GATT
Formally brought Mexico into the GATT, opening the economy to international free trade.
Memorial Guestbook & Tributes
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Final Resting Place
Perpetual MemorialMexico City, Mexico